Hey BP, I'm buying my first property using my LLC and Im curious about pulling money out as a company vs an individual. If your portfolio consist of properties own as a LLC and you have refinanced one or more of them...
I was looking at buying 4 properties for a total of ~$100k. I don't have enough cash to buy them outright, and at an average of $25k /house it's not possible -from what I can tell- to get a mortgage on them individual...
Hello BP Members! I Recently found and purchased a single home (Owner Financed). Once I finished this deal. I went on to my next and found one that interested me. Come to find out the owner of my last investment owns...
For those of you that setup a revocable living trust with your spouse/partner for your real estate LLCs and other assets such as bank accounts, did you setup a single revocable trust or separate trusts? My attorney ad...
Hello all! Just to give a bit of a background, I'm a pretty novice investor. I bought my home in 2010 when the 40k I was saving up for a downpayment was able to buy an entire property outright and have been house hack...
Let’s start with the basics. The term syndication means pooling resources. A real estate syndication is when a group of people pool their funds and expertise together to invest in a real estate asset together. Instead...
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Given how expensive the Nashville market is right now I am entertaining other ideas for better cash flow. One of these is rent-by-the-room. During my research I discovered a big market opportunity for this in my area....
I am partnering with a friend on a flip. Part of his funds will come from my SDira. He will be signing a promissory note and borrowing money from my SDira and paying interest. He will then use this money to help pay f...
Hi everyone,
My name is David Cianci. I am currently a senior at James Madison University and planning to graduate in May 2024.
In my senior seminar class, one of our assignments is to identify a mentor to meet wit...